05/09, 7:00pm

Verizon buys SureWest

on Friday announced the purchase of SureWest Communications, which includes the latter's wireless spectrum licenses, network, and operational assets in the greater Sacramento area. The licenses cover a population of 3.8 million people, and currently overlap Verizon's existing network coverage. Verizon will transfer approximately 50,000 SureWest Wireless customers, after the former finishes converting the latter's accounting system into its own.